Giants Notes: Miller, Pence, Lincecum, Lopez

Famed Giants broadcaster Jon Miller sat down with Howard Megdal of Sports On Earth to discuss the team's disappointing campaign. He says that the team faces a whole new ballgame now that the long-time rival Dodgers are running a massive budget. San Francisco is somewhat hampered by its $20MM+ annual stadium payments, says Miller, who notes that "the cost of a superstar bat, or a superstar pitcher, has to go to the mortgage every year."

Miller tells Megdal that he expects the Giants will try to bring back both of their top free agents, Hunter Pence and Tim Lincecum.

San Francisco has decided that it will extend qualifying offers to both Pence and Lincecum, reports CBSSports.com's Jon Heyman, with the expectation that neither will accept. Heyman reiterates that, as we learned a week back, San Francisco has decided to prioritize a long-term deal with Pence. That does not mean, he hastens to add, that the team is not interested in exploring a new contract with the popular Lincecum.

Regarding Pence, Heyman says that the Giants "are believed to have signaled a willingness" to meet the four-year, $56MM that Nick Swisher recently received from the Indians. Heyman notes that Pence's representatives at BHSC could point to the Andre Ethier extension (five years, $85MM) or even the Jayson Werth deal (seven years, $126MM) to justify a higher asking price.

Left-handed reliever Javier Lopez says he believes he will return to San Francisco, but knows that the team has other more pressing priorities, reports Chris Haft of MLB.com. "The front office and coaching staff are on the same page as far as my wanting to stay here," said the 36-year-old southpaw. "San Francisco is a beautiful place to play, and I love playing there. … But there are a lot of spots that need to be filled before they get to me." Lopez earned $4.25MM this year, and threw 38 2/3 innings of 1.63 ERA baseball and registering a sturdy 8.1 K/9 against 2.8 BB/9. He has held lefties to a .154/.211/.225 line.